590,800 Teradyne, Inc. $TER Shares Bought by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA increased its holdings in shares of Teradyne, Inc. (NASDAQ:TER) by 60.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,568,516 shares of the company’s stock after acquiring an additional 590,800 shares during the period. Pictet Asset Management Holding SA’s holdings in Teradyne were worth $628,884,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TER. BlackRock Inc. acquired a new position in Teradyne in the second quarter worth about $9,404,408,000. Andar Capital Management HK Ltd acquired a new stake in Teradyne during the second quarter valued at approximately $37,800,000. Bank of America Corp DE acquired a new stake in Teradyne during the second quarter valued at approximately $842,822,000. Legal & General Group Plc bought a new stake in shares of Teradyne in the 2nd quarter valued at approximately $656,058,000. Finally, Assenagon Asset Management S.A. grew its stake in shares of Teradyne by 2,171.0% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,074,459 shares of the company’s stock valued at $430,761,000 after purchasing an additional 1,027,146 shares during the period. Institutional investors own 99.77% of the company’s stock.

Key Teradyne News

Here are the key news stories impacting Teradyne this week:

• Positive Sentiment: Teradyne’s AI growth case is supported by strong exposure to AI-related revenue, anticipated memory and fab investment, and expanding capacity. One analysis also highlights growth across compute, industrial and robotics, while noting potential benefits from customers qualifying multiple suppliers. Teradyne: Profit Taking Continues – AI Meltdown Is A Contrarian Gift
• Positive Sentiment: Robotics profitability is being presented as an additional growth driver beyond semiconductor testing, broadening the investment case. Teradyne Robotics has also partnered with Sereact to apply physical AI in logistics and retail, with deployments already operating at European fulfillment hubs. Teradyne stock: Robotics profitability broadens AI growth case Is Teradyne Changing The Robotics Story With Its New Physical AI Push?
• Positive Sentiment: Teradyne was included in a Zacks list of Strong Buy AI stocks, with the article citing demand for AI infrastructure and semiconductors as a potential opportunity amid the technology selloff. 4 Strong Buy AI Stocks to Consider Amid the Tech Selloff
• Neutral Sentiment: Coverage says Teradyne and other semiconductor-related shares surged, but the headline does not identify a specific company catalyst. A separate article notes that memory-market expectations are holding up even as AI sentiment poses a risk. Micron, FormFactor, Amkor, Teradyne, and Nvidia shares skyrocket Teradyne stock faces AI sentiment risk as memory outlook holds
• Negative Sentiment: The broader semiconductor sector has faced sharp volatility. A reported Nasdaq selloff was tied to concerns that political shifts could bring tougher AI regulation and slow data-center construction. Jefferies characterized the reaction as emotional rather than a fundamental reset, but the uncertainty may pressure TER alongside other chip stocks. Oversold AI and chip stocks after the Nasdaq’s worst day since 2020

Teradyne Stock Up 2.6%

NASDAQ:TER opened at $218.21 on Friday. The firm has a market cap of $34.07 billion, a PE ratio of 25.05, a price-to-earnings-growth ratio of 0.43 and a beta of 1.73. Teradyne, Inc. has a 12 month low of $151.52 and a 12 month high of $487.91. The company’s 50-day moving average price is $351.61 and its two-hundred day moving average price is $348.76.

Teradyne (NASDAQ:TER) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $2.29 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.20. Teradyne had a net margin of 27.46% and a return on equity of 43.81%. The company had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the business posted $0.85 earnings per share. The company’s revenue was up 69.8% on a year-over-year basis. On average, research analysts expect that Teradyne, Inc. will post 9.41 EPS for the current fiscal year.

Teradyne Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Friday, September 4th were given a dividend of $0.13 per share. The ex-dividend date was Friday, September 4th. This represents a $0.52 dividend on an annualized basis and a yield of 0.2%. Teradyne’s dividend payout ratio is 5.97%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Cantor Fitzgerald restated an “overweight” rating and set a $550.00 target price on shares of Teradyne in a research report on Wednesday, July 29th. Zacks Research raised Teradyne from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 30th. Morgan Stanley upped their price target on Teradyne from $387.00 to $397.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Weiss Ratings upgraded Teradyne from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, September 29th. Finally, UBS Group cut their price objective on Teradyne from $485.00 to $430.00 and set a “buy” rating for the company in a report on Thursday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $405.86.

Insider Buying and Selling

In related news, CEO Gregory Smith sold 4,000 shares of the firm’s stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $341.28, for a total transaction of $1,365,120.00. Following the completion of the sale, the chief executive officer directly owned 104,495 shares of the company’s stock, valued at $35,662,053.60. This trade represents a 3.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 12,000 shares of company stock worth $4,416,440. 0.19% of the stock is owned by corporate insiders.

About Teradyne

Teradyne, Inc develops and supplies automated test equipment and robotics used by manufacturers around the world. Its test systems help customers evaluate the performance and reliability of semiconductor devices, electronic products, wireless components and storage products.

The company’s offerings include semiconductor test systems, system-level test equipment and wireless test solutions. Teradyne also serves industrial automation markets through Universal Robots, which makes collaborative robots, and Mobile Industrial Robots, which develops autonomous mobile robots for moving materials in factories and other facilities.

Founded in 1960 and headquartered in North Reading, Massachusetts, Teradyne serves customers across global markets.